Tuesday, June 15, 2021
Array

Magu appears before presidential panel

Headline

Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via [email protected], or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
tiamin rice

The suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has arrived at the Justice Ayo Salami-led Presidential Panel for continuation of the investigation of corruption allegations against him.

Mr Magu arrived at the Old Banquet Hall of the Presidential Villa, Abuja, where the investigation is taking place about 9am.

DAILY NIGERIAN reports that Mr Magu has been in custody at the Force Criminal Investigation Department, FCID, since Monday when he was whisked away by the operatives of the Department of State Security Services, SSS.

READ  N450m Fraud: EFCC presents more witnesses against Yuguda, Shinkafi, others

The EFCC boss was recently suspended by President Muhammadu Buhari.

READ  Fayose foils SSS' plan to arrest hate preacher Suleiman

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, in a statement by his spokesperson, Umar Gwandu, on Friday, said the suspension is to allow for “unhindered inquiry” by the Presidential Investigation Panel under the Tribunals of Inquiry Act and other relevant laws.

“President Muhammadu Buhari has approved the immediate suspension of Ibrahim Magu as Ag. Chairman EFCC in order to allow for an unhindered inquiry by the Presidential Investigation Panel under the Tribunals of Inquiry Act and other relevant laws.

“President Muhammadu Buhari has also approved that the EFCC Director of Operations, Mohammed Umar, should take charge and oversee the activities of the Commission pending the conclusion of the ongoing investigation and further directives in that regards,” the statement read in part.

READ  N450m Fraud: EFCC presents more witnesses against Yuguda, Shinkafi, others

Below are the 10 major allegations against Mr Magu as compiled by DAILY NIGERIAN:

  1. Insubordination to the Office of the AGF
  2. Alleged ‘relooting of recovered loots’ and Sale of seized assets to cronies, associates and friends
  3. Alleged favouritism towards selected EFCC investigators called the ‘Magu Boys’ for ‘juicy’ assignments
  4. Alleged leakages of investigative reports that were prejudicial to some cases to some selected media
  5. Alleged discrepancies in the reconciliation records of the EFCC and the Federal Ministry of Finance on recovered funds
  6. Alleged declaration of N539b as recovered funds instead of N504b earlier claimed
  7. Not providing enough concrete evidences against some suspects including on Diezani Alison-Madueke for her extradition
  8. Reporting some judges to their presiding officers without deferring to the AGF
  9. Late action on the investigation of P&ID leading to legal disputes
  10. Not respecting court order to unfreeze a N7b judgment in favour of a former executive director of a bank.
READ  EFCC docks Kwara PDP governorship candidate over N470m fraud

Subscribe to Our VIP Newsletter

[newsletter_signup_form id=1]
-->

Related News

Latest News

cosgrove
atrk atrk atrk atrk atrk atrk atrk atrk atrk atrk